Currency pair British Pound to US Dollar GBP/USD completes trading week at 1.2732. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Pound/Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 1.2790 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 1.2570.
GBP/USD weekly forecast June 12 — 16, 2017
Earlier, a weak signal was received for the sale of the pair Pound/US Dollar, due to the crossing of the signal lines at the level of 1.2907. To consider selling costs with the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes below the level of 1.2480, in the case of breaking the upper boundary of the Cloud, Ichimoku Kinko Hyo should expect the continuation of the upward trend of GBP/USD.
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